SB 213 IN

0likes☆Favorite🔕SubscribeShare

Passed One Chamber

Specifies additional information that a certified technology park (park) is required to provide to the Indiana economic development corporation (corporation) in the course of a review. Provides that if a park has reached the limit on deposits and maintains its certification the park shall become a Level 2 park. Increases, from $100,000 to $250,000, the annual additional incremental income tax deposit amount that a park captures once it has reached its limit on deposits. Clarifies the calculation of the additional incremental income tax deposit amount in the year in which a park reaches its limit on deposits. Provides that when the corporation certifies a Level 2 park the corporation shall make a determination of whether the park shall continue to be designated as a Level 2 park.

• Travis Holdman Republican · author
• Brian Buchanan Republican · author
• Timothy Brown · sponsor

1. Jan 11, 2021 Authored by Senator Holdman · upper
2. Jan 11, 2021 First reading: referred to Committee on Tax and Fiscal Policy · upper
3. Jan 28, 2021 Senator Zay added as coauthor · upper
4. Feb 15, 2021 Senator Buchanan added as second author · upper
5. Feb 16, 2021 Committee report: amend do pass, adopted · upper
6. Feb 16, 2021 Senators Messmer, Lanane, Niezgodski, Qaddoura, Raatz added as coauthors · upper
7. Feb 18, 2021 Second reading: ordered engrossed · upper
8. Feb 22, 2021 House sponsor: Representative Sullivan · upper
9. Feb 22, 2021 Cosponsor: Representative Brown, T. · upper
10. Feb 22, 2021 Third reading: passed; Roll Call 151: yeas 47, nays 2 · upper
11. Feb 23, 2021 Referred to the House · upper
12. Mar 4, 2021 First reading: referred to Committee on Ways and Means · lower
13. Mar 16, 2021 Representative Sullivan removed as sponsor · lower
14. Mar 16, 2021 Representative Brown, T. added as sponsor · lower
15. Mar 16, 2021 Representative Brown, T. removed as cosponsor · lower

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Senate Bill (S) · Feb 16, 2021 · PDF
• Introduced Senate Bill (S) · Jan 8, 2021 · PDF